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2017-W 1 oz. Proof American Silver Eagle West Point Mint Hoard PCGS PR70 DCAM Thomas Cleveland Signature

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Price: $199.00
Item Number: NK15095

2017-W 1 oz. Proof American Silver Eagle West Point Mint Hoard PCGS PR70 DCAM Thomas Cleveland Signature

“WESTPOINT MINT HOARD” – SAVED FROM DESTRUCTION!

At the end of each year’s production, the U.S. Mint usually collects all of its unsold Silver Eagle Proof coins, removes them from their packaging and melts them down. We say “usually” because in 2019 during an inventory audit, the Mint discovered it had some leftover stock of 2017-W Silver Eagle Proof coins. Rather than melt the coins, the Mint made a surprise move and sold them to a buyer in a closed bid sale.

These coins that escaped the melting pot soon found their way to the leading coin grading services where they have been designated as “The WestPoint Mint hoard”. The rest as they say is history. Simply put, you want them! Some coins from this hoard have been certified a “Special Releases”, we have managed to secure the coins with the WestPoint Mint hoard designation.  The WestPoint Mint hoard designation gives these coins a very desirable and rare provenance not seen since the famed Government Services Administration (GSA) Morgan dollar hoard in 1972!

The announcement that in 2021 the U.S. Mint will be replacing former Chief Engraver John Mercanti’s iconic Heraldic Eagle design that appears on the coin’s reverse, adds even more interest to these coins. We showcase these coveted coins in perfect PR70 condition by PCGS with the added collectible value of a genuine Thomas Cleveland signature! Thomas holds 15 design credits at the U.S. Mint and is one of the most recognized names in the fast growing “Signature Series” rare coin market.